Unlimited Potential NFP Inc

Analysis

Unlimited Potential NFP Inc is a registered charity in United States, based in Blue Island, IL. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Unlimited Potential NFP Inc reported income of $144k and spending of $243k, spending 169% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $1,842 to $144k (+7702%), an average of +7702% a year. The sharpest change came in the year to December 2023, when income rose by 7702%. Over the whole period it spent 247% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Unlimited Potential NFP Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Willow Street Apartments ($144k), Ebsv Community Development ($144k) and Merrimack Housing Corporation ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $498k against liabilities of $279k, net assets of $218k.